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Title:  Senior Manager, GWM Internal Controls, Monitoring and Testing

 

 

 

Requisition ID: 146270

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

 

Purpose
Responsible for the end-to-end execution on monitoring and testing related to operational, regulatory, and compliance risks within Global Wealth Management (GWM). This individual leads the first-line testing and monitoring activities across several business and functional units within GWM including risk assessments to ensure the adequacy of controls, processes and protocols to mitigate regulatory risk (legal, securities, tax) and risks of financial loss, regulatory fines, penalties or sanctions, litigation and damage to reputation of wealth units and to identify areas of opportunity to strengthen the control environment.
Accountabilities
• Oversees the design and development of testing strategies and engagement documentation in accordance with methodologies, enterprise requirements and standards.
• Oversees the development of a testing schedule and engagement-specific work-back plans.
• Develops and fosters relationships with stakeholders/control functions and business partners for the purposes of creating an integration risk framework, and enhancing business line effectiveness.
• Champions a customer-focused culture and leverages broader Bank relationships, systems and knowledge.
• Ensures individual and team goal plans are aligned with the overall strategies and objectives on Global Wealth Management Internal Controls, GWM and the Bank.
• Leads review/testing engagement activities and ensure testing is expertly and effectively performed.
• Prepares/contributes to, or maintains comprehensive reporting on findings, with actionable recommendations and insightful analysis and commentary.
• Persists in enhancing the program with an objective of continuous improvement.
• Supervises/leads ad-hoc, special and/or focused reviews as necessary, as well as other duties and projects as assigned.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.

• Builds a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset andbehaviours; communicating vison/values/business strategy; and, managing succession and development
planning for the team.
Education / Experience
• University degree, preferable in Business Administration with 5+ years of experience in financial services
• Knowledge of quality assurance processes
• Strong verbal and writing communication skills
• Strong knowledge of Scotiabank’s regulatory programs, regulations, and internal frameworks and policies
impacting banking operations.
• Strong understanding of the GWM business units, products, services, operations, systems and practices.
• Experience in designing and developing sustainable processes and process reengineering preferred
• Ability to develop strong working relationships with numerous cross functional support areas and business
line executives
• Excellent project management skills

 

Location(s):  Canada : Ontario : Toronto 

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.


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